# Activant Capital's AI Investments: 10 Startups in Its Portfolio (2026)

> The 10 AI startups Activant Capital has backed, by stage: $408M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/activant-capital-ai-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Pre-seed and seed

5

- [LimeTax](https://millionrounds.com/company/limetax)
- [Adapt](https://millionrounds.com/company/adapt)
- [*S* Strix](https://millionrounds.com/company/strix)
- [Trinio](https://millionrounds.com/company/trinio)
- [Sherpa](https://millionrounds.com/company/sherpa)

## Stage not reported

3

- [Micro1](https://millionrounds.com/company/micro1)
- [Pallet](https://millionrounds.com/company/pallet)
- [Neuron Factory](https://millionrounds.com/company/neuron-factory)

## Series B

2

- [Kargo](https://millionrounds.com/company/kargo)
- [11x](https://millionrounds.com/company/11x)

## Segment by segment

### Pre-seed and seed

5 startups · $102M raised

- [**LimeTax**](https://millionrounds.com/company/limetax) Limetax is a tax advisory and accounting group based in Berlin, Germany. Germany $77M
- [**Adapt**](https://millionrounds.com/company/adapt) Adapt API, based in Walnut, CA, is a venture-backed startup founded in 2021. United States $10M
- [*S* **Strix**](https://millionrounds.com/company/strix) Strix is a marketplace that connects streamers with game developers for interactive marketing campaigns. United States $6.7M
- [**Trinio**](https://millionrounds.com/company/trinio) Trinio is a developer of a payment gateway platform. Brazil $6.4M
- [**Sherpa**](https://millionrounds.com/company/sherpa) Sherpa is a channel agency. United States $2.2M

### Stage not reported

3 startups · $196M raised

- [**Micro1**](https://millionrounds.com/company/micro1) micro1 is an AI startup based in Palo Alto, California, founded in 2022 by CEO Ali Ansari. United States $135M
- [**Pallet**](https://millionrounds.com/company/pallet) We're bringing modern innovation to logistics - eliminate data entry, fully integrate warehousing, automate billing, and more. United States $55M
- [**Neuron Factory**](https://millionrounds.com/company/neuron-factory) Neuron Factory is an AI-native platform designed for the construction industry. United States $6.0M

### Series B

2 startups · $110M raised

- [**Kargo**](https://millionrounds.com/company/kargo) Kargo is the leader in mobile brand advertising. United States $60M
- [**11x**](https://millionrounds.com/company/11x) 11x is an AI and automation company that specializes in creating autonomous digital workers to streamline Go-to-Market (GTM) workf United States $50M

**How this map is made.** Every startup here works in AI and has raised money in a round we track that names Activant Capital as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Co-investors **Who invests with Activant Capital** 33 co-investors](https://millionrounds.com/portfolio-maps/activant-capital-co-investors)[Portfolio map **Activant Capital portfolio map** 28 startups · $3.4B](https://millionrounds.com/portfolio-maps/activant-capital-portfolio-map)[Sector portfolio **Techstars' AI portfolio** 336 startups · $4.9B](https://millionrounds.com/portfolio-maps/techstars-ai-portfolio)[Sector portfolio **Alumni Ventures' AI portfolio** 302 startups · $36B](https://millionrounds.com/portfolio-maps/us-strategic-tech-fund-an-alumni-ventures-fund-ai-portfolio)[Sector portfolio **Andreessen Horowitz's AI portfolio** 259 startups · $426B](https://millionrounds.com/portfolio-maps/andreessen-horowitz-ai-portfolio)[Sector portfolio **General Catalyst's AI portfolio** 226 startups · $179B](https://millionrounds.com/portfolio-maps/general-catalyst-ai-portfolio)

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